Medium risk

Indicators

Falling trend

Strong negative volume balance

VolBal22: -53

Strong negative momentum

RSI21: 28

Analyses

Short

Medium

Long

Overall

Automatic technical analysis. Medium term, May 24, 2019

Wärtsilä B is in a falling trend channel in the medium long term. This shows that investors over time have sold at lower prices to get out of the stock, and indicates negative development for the company. The stock has broken down through the support at euro 13.70. This predicts a further decline. Negative volume balance weakens the stock in the short term. The short term momentum of the stock is strongly negative, with RSI below 30. This indicates increasing pessimism among investors and further decline for Wärtsilä B. The stock is overall assessed as technically negative for the medium long term.

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Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer.
The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.